JOB PURPOSE :

• Assist in the development of the Fraud Scenario Assessment (FSA) policies and procedures. Conducts FSA activities and consolidates results through liaising with internal and external stakeholders.

KEY ACCOUNTABILITIES:

• Explains the probability, nature and scope of fraudulent scenarios on COMPANY.

• Explains on the appropriateness of different approaches to Assess Fraud Scenarios.

• Gather information to assess the potential impact of the external environment.

• Support the delivery of FSA objectives within agreed timescales and budgets.

• Implements FSA objectives ensuring that ownership and responsibilities are fulfilled within authority limits.

• Gathers information to validate the effectiveness of FSA policy and processes.

• Draft reports on the impact of fraud scenarios within the Company.

• Provides support in analysing facts, patterns and trends to reach evidence-based decisions on the nature of fraud scenarios and the existing controls.

• Explains the mechanism of prioritises fraud scenarios in terms of likelihood and consequence of occurrence.

• Gather evidence for interdependencies between fraud scenarios.

• Gathers evidence on the effectiveness of an organisation’s approach to reduce high fraudulent scenarios.

• Provide supports to ensure proper coordination with ERM team.

• Provides support that incentivises people to take responsibility for managing fraud scenarios withinthe limits of their role.

Generic Accountabilities

Management

• Plan and supervise the activities of the personnel and resources of the Section to achieve the Department objectives in an efficient and cost-conscious manner while ensuring implementation of approved operational plans for the Section inline with Department objectives.

• Develop the knowledge, competencies and innovative spirit in the Section and support the establishment of Personal Development Plans (PDP’s), Succession Planning and Talent pipeline within the Section in coordination with the Human Capability Group to continuously develop employees with emphasis on UAE Nationals to meet Emiratization targets.

Budgets and Operational Plans

• Compile and provide input for preparation of the Department budgets and regularly monitor expenditure against approved the Section budget levels.

• Investigate, highlight and reconcile any significant variances to ensure effective performance and cost control. 

Policies, Systems, Processes & Procedures

• Lead the implementation of approved Section policies, processes, systems, standards, procedures and internal controls in order to support execution of the Department work programs in line with Company and International standards.

Performance Management

• Implement the Company Performance Management System for individuals within the Section in accordance with Company approved guidelines and continuously monitor the achievement of the Section KPIs related to the approved Annual Performance Management Contract and the Balanced Score Card.

Organisation Structure and Development

• Review, develop and recommend the appropriate organisation structure for the Section that will best utilise human capital while proactively incorporating sustainability into the on-going work practices to meet the business objectives.

Innovation and Continuous Improvement

• Encourage innovation, enhance employee motivation and support initiatives for implementation of Change Management to continuously improve operations andservices.

• Propose improvements in internal processes against best practices in pursuit of greater efficiency in line with ISO standards in order to define intelligent solutions for issues confronting the Section.

Health, Safety, Environment (HSE) and Sustainability

• Support the institution of an HSE culture and ensure compliance with relevant HSE policies,procedures, systems & controls and applicable legislation andsustainability guidelines across the Section in line with international standards, best practices and COMPANY Code of Practices.

• Ensure adequate HSE training and induction for all Section employees to meet HSE standards.

Management Information Systems (MIS) and Reports

• Prepare all Section MIS and progress reports to provide accurate and timely reports andnecessary information to Company Management to effectively manage the business.

Minimum Qualification

• Bachelor Degree in Relevent Dicsipline 

• 10 years of relevent experience

TECHNICAL COMPETENCIES:

• Read, write and speak English language in a proficient manner

• Proficient level of computer skills, focus on effective use of MS Office programs

• Understanding of ISO 31000 and COSO ERM Framework standards

BEHAVIOURAL COMPETENCIES:

• Courage and Confidence –Standing by your conviction despite adversity;

• Influence and Impact –Inspiring others to understand the value of ERM & BC;

• Integrity, Ethics and Value– Upholding and living the values of COMPANY;

• Innovation and Catalyst – Striving constantly to lead the development of creative solutions;

• Building capability –Facilitating others to achieve positive outcomes; and,

• Collaboration and Partnering– Engaging with stakeholders to deliver results.